How fast on inquiries?

[Anonymous]

I applied today for Citi Double Cash and haven't received an alert yet. When I applied for Dillards the application was still going through and I instantly got an alert. I checked all my credit monitoring websites and still nothing yet.

[Anonymous]

I applied for something like 12 cards in the last 24 hours and started getting flagged as potential fraud. I had to call in on the 2nd AmEx and 3rd Syncrony. My credit montioring started freaking out with the potential idenity theft alerts

[Anonymous]

Some credit report monitoring are slow. I had Wellsfargo credit report for the longest and they track pretty slow. I never had instant report inquiries.

[Anonymous]

Totally agree!  I think some will most definitely see this as fraud and send you a letter to confirm yourself.  Some do that now just to be safe.  You will most likely get stopped somewhere down the line. 

[Revelate]

If you take an inquiry for whatever reason, expect it to show up immediately.

If it doesn't, congrats I guess.  There's a bunch of potential delays in the system as MrPotato suggests for various reasons, but the design goal of the system is real-time for lodging an inquiry on the actual report regardless of when the monitoring solutions are triggered.  Probably not quite there yet but some inquiries do get recorded at that speed, so the assumption has to be that they all will.

[RonM21]

That is a smart to look at it Revelate. Just assume they'll be reported immediately because you have no real way of knowing how it will play out. I do think some hit immediately and some not. It may all depend more on the lender's system and how it't tied to the bureaus, who knows.

Any credit monitoring will not reflect the exact speed how quickly an inquiry was reported. Or at least I would not count on them for that info, as many times, they'll have their own delay.

[takeshi74]

---

@Anonymous wrote:
Then you get inquiries sent to your report. Now, my question is: HOW FAST DOES THE INQUIRY SENT TO THE BUREAU?

---

Inquiries are not reported like other items.  When a creditor pulls your report the inquiry is recorded.

---

@Anonymous wrote:
Because I'm being smart a$$ thinking WHAT IF I APPLIED 20 CREDIT CARDS IN SECONDS? Do you think your credit report or the three bureaus would catch them all in one minute? You might get approved $8k for each 20 cards. I'm just curious here because today's technology not always as quick as we think.

---

Not quite as smart as you're thinking.  Smart involves considering much more than just the inquiries.  The inquiries are typically a small factor despite how people tend ot obsess over them.

Keep all the other factors in mind

http://www.myfico.com/crediteducation/whatsinyourscore.aspx

including the impact of having 20 new accounts on your report and the red flags that it would raise.  It's not just about getting the approvals.  Your creditors will routinely SP your reports and they will see those new accounts.  Getting 20 new accounts does no good if your creditors take adverse action.